Yep fair points, but you've got to wonder why tentatively advising the market of an impending $2m cap raising, with no other details at all, is beneficial to the current share price.
It creates uncertainty. Here we are speculating premium/discount, raising price, soph investor involvement. This is not beneficial. Announce it when you have your ducks in a row. Don't make S/H's sweat on it for the time being.
Maybe I'm the odd one out. Maybe there's a requirement for MEM to disclose it. But I can't quite wrap my head around it, SB.
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Yep fair points, but you've got to wonder why tentatively...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.00M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $24.15K | 4.830M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 15800000 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 8751662 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 60206 | 0.024 |
1 | 14090 | 0.022 |
3 | 497619 | 0.021 |
5 | 649700 | 0.020 |
2 | 130000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 153799 | 6 |
0.037 | 18526 | 1 |
0.039 | 1200000 | 1 |
0.046 | 100000 | 1 |
0.047 | 1160000 | 3 |
Last trade - 10.17am 08/11/2024 (20 minute delay) ? |
MEM (ASX) Chart |